Cisco CEO on CNBC Discusses Q409 Earnings
Cisco Chairman and CEO John Chambers discusses our Q409 with CNBC anchors Erin Burnett and Mark Haines. John talks about his quote from our earnings press release, market adjacencies, our boards and councils structure and more.
From the press release:
“Cisco delivered very solid quarterly and annual results in a challenging economic environment, as we continued our focus on disciplined execution and our customers’ success. We are confident in our strategic position in both existing and thirty adjacent markets. We saw a number of positive signs this quarter in the economy and in our business, especially comparing our sequential quarter-over-quarter order trends. If we continue to see these positive order trends for the next one to two quarters, we believe there is a good chance we will look back and see that the tipping point occurred in our business in Q4.”
More News@Cisco here.
Posted by John Earnhardt at 09:24AM PST
Wine of Month Club Aug 22, 2009
Overall I just wanted to say congratulations on a good quarter in what has to be an impossible time for most tech companies. Keep up the good work and keep avoiding the mass layoffs that have beseaged so many other industries!